Condo, Apartment, Highrise Risk (共管式公寓,公寓及商业大厦保险)

Strata Titled Property Fire Insurance 



The Building and Public Property (Maintenance and Management) Act 2007 (hereinafter referred to as the "Act" 663) came into force on April 12, 2007 in Peninsular Malaysia.

 

Article 8 of the Act, which stipulates the powers and duties of JMB

 

8. The 

(1) (c) Maintaining and insuring The Building and Fire from Risk Management Agencies On  OTHER Replacement The value of the Determine The Building;


8. (1) (d) Renovation and restoration of buildings, buildings, and constructions received by the insurance management agency;


8. (3) The regulatory body should be considered

(a) the purpose (c) affecting any insurance under subparagraph (1) is equal to its replacement value or the value management agency decides to construct an insurance interest;

(b) For the purpose of insuring any insurance under subsection (1)(d), the subject matter of the insurance has an insurable interest.


Explanation:

The joint management agency must ensure that they insure the following insurance:

 

1. Fire and all hazard insurance (minimum danger, collapse and landslides, riots against malicious injuries and ruptured spills)

 

Building - For all units are separate themselves, including all common property.

In this case, the buyer and the bank loan, the buyer needs to purchase additional insurance, and can use a separate "insurance certificate" issued from the main policy.


It should include the following terms: -

 

2. Public liability insurance

Legal liability pays compensation for the joint property of the building used for accidental or accidental damage to the property.

 

Establish a joint governing body in section 4.

(2) Section (1) establishes that the governing body shall be a body corporate with permanent inheritance and seals.

(3) The governing body may sue and be sued in its name.

(4) The management organization should include developers and buyers.

 

Interpretation:

 

With JMB is a management agency, the company is voluntary, and now the buyer can sue the negligent commissioner. A mistake, omission or professional liability policy protects the individual responsibility of individual committees.

 

 

3. Error and omission or professional liability insurance

 

The insurance company will pay any breach of any claim on behalf of any insured liability for any damages caused by the insured.

 

Note: This policy should be placed in the newly formed joint governing body.

  

Risk resolution for deeds:

 

Product offers:

 

SPA agent offers free website to residents association residential apartment or apartment is fire insurance from the spin-off property



The most common questions (FAQ) Malaysian General Insurance Association)


We understand the importance of protecting your property. Whether you are a co-management, co-owner, or homeowner association, our team knows about a cost-effective insurance program that ensures and maintains a comprehensive challenge.

  

We develop custom portfolio risk management solutions of all sizes and complexities. Our expert work has been extensive:

We offer comprehensive property insurance and risk management services, including various association documents to review insurance terms and explain new legislation, and to ensure that your procedures comply with all new regulations. We also provide life and life insurance and disability insurance for residents.


FIRE INSURANCE FOR STRATA-TITLED PROPERTIES
The basic fire policy protects the Insured against loss or damage to the property describe in the policy schedule, depending on the coverage selected. The types of coverage available are: 
Indemnifies the Insured against legal liability arising from both bodily injury and property damage to third-party. Perils AvailableProvides cover as in "Additional Perils", extend to cover damage resulting from Aircraft Damage, Bustling of Water Tanks, Apparatus and Pipes, Earthquake & Volcanic Eruption, Explosion, Impact Damage , Subsidence & Landslip, Storm & Tempest, etc.
Comprehensive CoverProvides covers as in "Fire & Perils", Money, Theft, Fidelity Guarantee, Public Liability, Management Liability (Error & Omission) plus optional Professional Indemnity following an incident, accident or an event of loss.
Insuran kebakaran utk Properti Hakmilik-Strata
Polisi kebakaran asas melindungi Pihak Diinsuranskan daripada kehilangan atau kerosakan harta benda yang diterangkan dalam jadual polisi, bergantung pada perlindungan yang dipilih. Jenis perlindungan yang ada ialah: 
Menanggung rugi Pihak Diinsuranskan terhadap liabiliti undang-undang yang timbul daripada kedua-dua kecederaan badan dan kerosakan harta benda kepada pihak ketiga. Peril TersediaMenyediakan perlindungan seperti dalam "Peril Tambahan", meliputi kerosakan akibat Kerosakan Pesawat, Tangki Air, Alat dan Paip Terbalik, Gempa Bumi & Letusan Gunung Berapi, Letupan, Kerosakan Kesan, Penenggelaman & Tanah Runtuh, Ribut & Ribut, dsb.
Penutup KomprehensifMenyediakan perlindungan seperti dalam "Kebakaran & Peril", Wang, Kecurian, Jaminan Kesetiaan, Liabiliti Awam, Liabiliti Pengurusan (Kesilapan & Peninggalan) dan Indemniti Profesional pilihan berikutan kejadian, kemalangan atau kehilangan.
Products and Services/ 产品和服务 
The basic fire policy protects the Insured against loss or damage to the property describe in the policy schedule, depending on the coverage selected. The types of coverage available are: 
Indemnifies the Insured against legal liability arising from both bodily injury and property damage to third-party. Perils AvailableProvides cover as in "Additional Perils", extend to cover damage resulting from Aircraft Damage, Bustling of Water Tanks, Apparatus and Pipes, Earthquake & Volcanic Eruption, Explosion, Impact Damage , Subsidence & Landslip, Storm & Tempest, etc.
Comprehensive Cover
Provides covers as in "Fire & Perils", Money, Theft, Fidelity Guarantee, Public Liability, Management Liability (Error & Omission) plus optional Professional Indemnity following an incident, accident or an event of loss. 
Risk ConsultingTo offer consulting services specifically designed for common interest properties. 
Online Technology Clients have access to our online Certificate of Insurance request center. 
Excess Liability Our specialized excess liability program offers broad coverage and high limits. 
Directors & Officers Liability We develop directors and officers The products are customized for common interest communities. 
Specialty Property Coverages Our property programs are designed to meet association and statutory requirements. 
-------------------------------------------------------------------------------------------------
基本火灾保单保护被保险人免受保单明细表中描述的财产损失或损坏，具体取决于所选的承保范围。 可用的保险类型有： 
赔偿被保险人因第三者人身伤害和财产损失而引起的法律责任。 可用的危险提供“额外风险”中的保障，扩展至承保由飞机损坏、水箱、设备和管道的繁忙、地震和火山爆发、爆炸、冲击损坏、沉降和山泥倾泻、风暴和暴风雨等造成的损坏。
综合保障
提供“火灾和危险”、金钱、盗窃、忠诚保证、公共责任、管理责任（错误和遗漏）以及在事故、事故或损失事件后可选的专业赔偿。
风险咨询提供专为共同利益财产设计的咨询服务。
在线技术客户可以访问我们的在线保险证书申请中心。
超额责任我们专门的超额责任计划提供广泛的覆盖范围和高限额。
董事和高级职员责任我们培养董事和高级职员 产品是为共同利益群体定制的。
特殊财产险我们的财产计划旨在满足协会和法定要求。 
Produk dan Perkhidmatan
  1. Polisi kebakaran asas melindungi Pihak Diinsuranskan (Insured) daripada kehilangan atau kerosakan pada harta yang diterangkan dalam jadual polisi, bergantung pada perlindungan yang dipilih. Jenis perlindungan yang ada ialah:
 
Menanggung rugi Pihak Diinsuranskan terhadap liabiliti undang-undang yang timbul daripada kedua-dua kecederaan tubuh dan kerosakan harta benda kepada pihak ketiga. Peril TersediaMenyediakan perlindungan seperti dalam "Peril Tambahan", meliputi kerosakan akibat Kerosakan Pesawat, Kesibukan Tangki Air, Radas dan Paip, Gempa Bumi & Letusan Gunung Berapi, Letupan, Kerosakan Hentaman , Penenggelaman & Gelinciran Tanah, Ribut & Ribut, dsb.
Lindungan secara Komprehensif
Menyediakan perlindungan seperti dalam "Kebakaran & Peril", Wang, Kecurian, Jaminan Kesetiaan, Liabiliti Awam, Liabiliti Pengurusan (Ralat & Peninggalan) serta Indemniti Profesional pilihan berikutan insiden, kemalangan atau peristiwa kehilangan.
Perundingan RisikoUntuk menawarkan perkhidmatan perundingan yang direka khusus untuk hartanah kepentingan bersama.
Teknologi Dalam TalianPelanggan mempunyai akses ke pusat permintaan Sijil Insurans dalam talian kami.
Exses LiabilitiProgram liabiliti lebihan khusus kami menawarkan perlindungan yang luas dan had yang tinggi.
Liabiliti Pengarah & PegawaiKami menciptakan Produk ini disesuaikan untuk pengarah dan pegawai komuniti kepentingan bersama.
Perlindungan Harta KhususProgram hartanah kami direka bentuk untuk memenuhi keperluan persatuan dan berkanun. 

Good read - The Right Strata Property Insurance

Condominium Presentation-2003

Important Notice

1. Pursuant to Paragraph 4(1) of Schedule 9 of the Financial Services Act 2013, if You are applying for this Insurance for a purpose related to Your trade, business or profession, You have a duty to disclose any matter that You know to be relevant to Our decision in accepting the risks and determining the rates and terms to be applied and any matter a reasonable person in the circumstances could be expected to know to be relevant, otherwise it may result in avoidance of Your contract of insurance, refusal or reduction of Your claim(s), change of terms or termination of Your contract of insurance. The above duty of disclosure shall continue until the time Your contract of insurance is entered into, varied or renewed with Us. You also have a duty to tell Us immediately if at any time after Your contract of insurance has been entered into, varied or renewed with Us any of the information given in the Proposal Form (or when You applied for this insurance) is inaccurate or has changed. 

2. Your attention is drawn to the 60 days premium warranty attached to the Policy. 

3. The personal data submitted by and collected from You may be used by Us and/or any company within the The Insurer Group of companies and/or any of its associated companies, within or outside Malaysia, for administration or direct marketing purposes and in this connection, We may transfer or disclose that information to any of those other companies. We will cease to use the Personal Data for direct marketing purposes if You request Us to do so. For further details, please refer to Our “Data Privacy Notice” stipulated in Our website. 

4. By this warranty, the insurance Policy is automatically cancelled unless the full premium is paid to the insurer within 60 days from the commencement date of cover. Please note that if this insurance is transacted through Your insurance broker, the broker is acting on Your behalf for the purpose of formation of this contract of insurance. It is important that You make full payment of the premium to Your broker as soon as possible and in any case within the 60 days period of the premium warranty so as to enable Your broker to remit the premiums early to Your insurer. You are advised to request Your broker to furnish You with the broker’s and insurer’s receipt on the premium that You paid. 

5. Premium charged for this Policy exclude applicable tax(es) that would be imposed in the future and from time to time, We will be entitled to recover from You any taxes that We are required by law to collect. SPECIAL NOTIFICATION: The Proposer is hereby notified that the Company has appointed Intermediaries/Representatives who have the authority to solicit or negotiate Contracts of Insurance on behalf of the Company. All authorised Intermediaries/Representatives are issued with authorisation cards. 

Nota Penting

1. Menurut Perenggan 4(1) Jadual 9 Akta Perkhidmatan Kewangan 2013, jika Anda memohon Insurans ini untuk tujuan yang berkaitan dengan perdagangan, perniagaan atau profesion Anda, Anda mempunyai kewajipan untuk mendedahkan apa-apa perkara yang Anda ketahui untuk relevan dengan keputusan Kami dalam menerima risiko dan menentukan kadar dan terma yang akan digunakan dan apa-apa perkara yang mungkin diketahui oleh orang yang munasabah dalam keadaan itu sebagai relevan, jika tidak, ia boleh mengakibatkan pengelakan kontrak insurans Anda, keengganan atau pengurangan tuntutan Anda, perubahan terma atau penamatan kontrak insurans Anda. Kewajipan pendedahan di atas akan diteruskan sehingga masa kontrak insurans Anda dimeterai, diubah atau diperbaharui dengan Kami. Anda juga mempunyai kewajipan untuk memberitahu Kami dengan segera jika pada bila-bila masa selepas kontrak insurans Anda telah dimeterai, diubah atau diperbaharui dengan Kami mana-mana maklumat yang diberikan dalam Borang Cadangan (atau apabila Anda memohon insurans ini) adalah tidak tepat atau telah berubah.

2. Perhatian anda tertumpu kepada waranti premium 60 hari yang dilampirkan pada Polisi.

3. Data peribadi yang dikemukakan oleh dan dikumpul daripada Anda boleh digunakan oleh Kami dan/atau mana-mana syarikat dalam Kumpulan Syarikat Insurans syarikat dan/atau mana-mana syarikat bersekutunya, di dalam atau di luar Malaysia, untuk tujuan pentadbiran atau pemasaran langsung dan dalam sambungan ini, Kami mungkin memindahkan atau mendedahkan maklumat tersebut kepada mana-mana syarikat lain tersebut. Kami akan berhenti menggunakan Data Peribadi untuk tujuan pemasaran langsung jika Anda meminta Kami berbuat demikian. Untuk butiran lanjut, sila rujuk "Notis Privasi Data" Kami yang ditetapkan dalam laman web Kami.

4. Melalui waranti ini, Polisi insurans dibatalkan secara automatik melainkan premium penuh dibayar kepada penanggung insurans dalam tempoh 60 hari dari tarikh permulaan perlindungan. Sila ambil perhatian bahawa jika insurans ini diurus niaga melalui broker insurans Anda, broker tersebut bertindak bagi pihak Anda untuk tujuan pembentukan kontrak insurans ini. Adalah penting untuk Anda membuat pembayaran penuh premium kepada broker Anda secepat mungkin dan dalam apa jua keadaan dalam tempoh 60 hari jaminan premium untuk membolehkan broker Anda menghantar premium awal kepada syarikat insurans Anda. Anda dinasihatkan untuk meminta broker Anda untuk memberikan kepada Anda resit broker dan penanggung insurans atas premium yang Anda bayar.

5. Premium yang dikenakan untuk Polisi ini tidak termasuk cukai terpakai yang akan dikenakan pada masa hadapan dan dari semasa ke semasa, Kami akan berhak untuk mendapatkan semula daripada Anda sebarang cukai yang Kami dikehendaki oleh undang-undang untuk dikutip. PEMBERITAHUAN KHAS: Pencadang dengan ini dimaklumkan bahawa Syarikat telah melantik Perantara/Wakil yang mempunyai kuasa untuk meminta atau merundingkan Kontrak Insurans bagi pihak Syarikat. Semua Perantara/Wakil yang diberi kuasa dikeluarkan dengan kad kebenaran.

Integrated Solution 
We design an integrated program of sophisticated products and services to provide you with a complete management liability solution.
The SPA Difference
  • Customized and proactive response to service your needs
  • Strategic underwriting partnership with insurers and re-insurance facilities
  • Independent agent with access to specialty resources
  • Customized programs for general liability, excess liability and special property coverages

Customized Insurance ProgramSPA delivers a comprehensive, customized insurance and risk management program designed to protect your assets, achieve operational efficiencies and attain your goals, because we have specialists in the following areas:
Program designRisk transferLoss controlClaims managementInformation Technology

While financing, The structure, and management methods in the industry may change, the fundamental risk management issues remain the same. We understand the issues that focus on reducing the administrative burden and net cost of risk management efforts, among them:

Evidence of insurance issuanceSplit billing for tenants Or locationsLease/contract review of insurance provisions  We tailor programs to fit your evolving needs.
Perbezaan SPARespons tersuai dan proaktif untuk memenuhi keperluan andaPerkongsian pengunderaitan strategik dengan penanggung insurans dan kemudahan insurans semulaEjen bebas dengan akses kepada sumber khususProgram tersuai untuk liabiliti am, liabiliti berlebihan dan perlindungan harta khas
Program Insurans TersuaiSPA menyampaikan program insurans dan pengurusan risiko yang komprehensif, tersuai yang direka untuk melindungi aset anda, mencapai kecekapan operasi dan mencapai matlamat anda, kerana kami mempunyai pakar dalam bidang berikut:
Reka bentuk programPemindahan risikoKawalan kehilanganPengurusan tuntutanTeknologi maklumat

Walaupun pembiayaan, struktur, dan kaedah pengurusan dalam industri mungkin berubah, isu asas pengurusan risiko kekal sama. Kami memahami isu yang menumpukan pada mengurangkan beban pentadbiran dan kos bersih usaha pengurusan risiko, antaranya:

Bukti pengeluaran insuransPisah bil untuk penyewa Atau lokasi

Penyemakan pajakan/kontrak peruntukan insurans Kami menyesuaikan program untuk memenuhi keperluan anda yang semakin berkembang.



Claims and Loss Notification VVVVVVVVVVVVVVVVVVVVVVVVVVV Notifikasi Tuntutan Atau Kerugian

SPA & Associates

Proposal Form/ Borang Cadangan

fff

Condominium Presentation-2003

We are registered (General Insurance Representative) Risk Planners under Persatuan Insuran Am Malaysia

Kami adalah berdaftar sebagai (Wakil Insurans Am) Perancang Risiko di bawah Persatuan Insuran Am Malaysia   

我们是 Persatuan Insuran Am Malaysia 的注册风险策划l师 

SIMON POON AGENCY (MKAN2029) -             REGISTERED   under            LIBERTY INSURANCE BERHAD